Non-Recourse CMBS Financing—What to Know
ByDon’t miss priceless networking at these national events: at RealShare APARTMENTS in Los Angeles on Oct 21-22, RealShare INDUSTRIAL in Atlanta on Nov 3-4, RealShare NEW LEASE WEST in Los Angeles on Nov 11-12 and RealShare HEALTHCARE REAL ESTATE in Scottsdale, AZ on Dec 2-3.
Shah: “Wall Street capital is more plentiful now for the hotel market than ever before.”
CHICAGO—For some owners, obtaining a bank loan may be the way to go. Perhaps it is a comfort issue or a pricing concern or maybe other options seem to be too much hassle. If non-recourse/Commercial Mortgage-Backed Security (CMBS) loans have seemed too daunting or complex, there are ways of working through these issues that take the worry out of the process.
First, a couple of answers to some fundamental questions from Rushi Shah, SVP of Aries Capital LLC andPresident of LendingCap Commercial, fresh off The Lodging Conference in Phoenix:
